china

Chinese Internet Court to use Blockchain and AI to render the verdict
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The Chinese capital city Beijing is bringing the new age technology like Blockchain and AI to the courtrooms to settle the legal cases as reported on local media outlet – GlobalTimes Modern technologies are penetrating every corner of human life and justice department is not new to it. On the

The Fudan University of China has introduced a Blockchain Research Center
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Top University from China called – Fudan University has launched a Blockchain Research Center in Shanghai. Quite recently, it observed that blockchain is gaining a lot of attention in the educational sector. Among many such institutions, Fudan University in China has launched a Blockchain research cente. As per announcement, the

Xunlei, Chinese Blockchain Firm Reports $45.3 Million Revenue
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A Chinese Blockchain firm, Xunlei has published its Q3 financial report where they have mentioned having an increase of revenue up to $45.3 Million in 2018. The Firm has started since 2013, According to their data published they compare from Q3 of 2016 to 2017 where there was an

Chinese Girl Starts 21 day Tour to Survive on Bitcoin
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In China, most of the payments are now being converted to digital where people in China are able to pay using smartphones for the services and products. According to SCMP, A Documentary has been made called ‘Bitcoin Girl’ which consist of a young woman named He Youbing. She

Chinese Crypto Traders Use Tether & VPN to Bypass the Ban
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Recently the financial authorities of China said the government is going to ban 124 foreign cryptocurrency exchanges. Thus the Chinese Crypto traders won’t be able to access foreign cryptocurrency exchanges. Currently, According to the latest updates from SCMP Chinese crypto traders are using tether and VPN to bypass the

Supreme Court Allows Blockchain to Verify Evidence in China
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In China, the Supreme Court has now allowed using blockchain to legally verify the authenticity of evidence presented during the court case. This was officially announced yesterday by the Supreme court. Internet Courts in China are set in motion on account of a number of online crimes taking place. Also,

Hong Kong Crypto Exchange Huobi Acquires Pantronics for $70 Million
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Huobi, a crypto exchange based in Hong Kong has just acquired the largest shares of a company named Pantronics Holdings. Pantronics Holdings is a company that manufactures industrial grade electronic parts. According to the statements by Pantronics Holdings, This acquisition was done by purchasing 199 million of its shares which

124 Foreign Cryptocurrency Exchanges to be Blocked by China
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Shanghai Securities Times, which is a spokesman of the official financial authorities of China, recently stated that the government is actually taking steps in order to ban more than 100 different overseas cryptocurrency exchanges. The overseas IP addresses of these cryptocurrency exchanges will be banned. Currently, they are available in